Lennon eyes rich listing
Tuesday, 8 June, 2004 - 22:00
Peet & Co is heading towards an Australian Stock Exchange float with a $100 million raising.
Warwick Hemsley AO is a graduate of both UWA and Curtin University (formerly WAIT) and is also a licensed valuer and Fellow of the Australian Property Institute.
He has been very involved in the property profession for many years, having served as managing director of valuation and commercial property practice DTZ (WA) for some years, chief executive of property group Peet for 17 years, chair of the Housing Industry Forecasting Group and president of the Urban Development Institute (WA), amongst various other professional roles.
Mr Hemsley is also on the advisory board of the Curtin Business School within which the property studies degree sits. He is also chair of QWest Paterson.
In 2021, Mr Hemsley was awarded an Officer of the Order of Australia for distinguished service to the arts, to the community, and to the residential development sector.
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Peet & Co is heading towards an Australian Stock Exchange float with a $100 million raising.
Listed Western Australian developer Peet and Company Ltd has announced a strong half-year profit of $17.1 million, up 67 per cent from the same period last year.
As Peet Limited approaches its second year as a listed company, the move to join the Australian Stock Exchange has coincided with a buoyant market.
Perth-based property funds and aset management group Peet Ltd will raise $80 million through an institutional placement to develop new profit streams and make acquisitions.
Perth-based land developer Peet Ltd announced a 13.6 per cent profit after tax increase to $19.4 million for the half year ended December 31.
The chief executive of Perth-based land developer Peet Ltd, Warwick Hemsley, will retire on August 5 when his contract expires, with the company's chief operating officer Brendan Gore, due to succeed him.
Next week, Peet Ltd CEO Warwick Hemsley hands over the reigns to Brendan Gore. WA Business News caught up with Mr Hemsley to discuss his 22 years with Peet and its transition from a private WA company to a major national player.
RECENTLY retired Peet Ltd managing director and CEO, Warwick Hemsley, has been elected as president of the Urban Development Institute of Australia (WA Division), replacing outgoing president and Mirvac development director, Darren Cooper.
Former Peet managing director and chief executive Warwick Hemsley has resigned as non-executive director of the development firm to pursue "other interests".
Atkins heads CCIWA
New faces at CCI
The Chamber of Arts and Culture WA has appointed its inaugural executive director, with the recruitment of experienced arts administrator Henry Boston.
The Chamber of Arts and Culture WA has appointed its inaugural executive director, with the recruitment of experienced arts administrator Henry Boston.
A whole-of-government approach to investing in WA’s ‘creative wealth’ should be part of the plan to diversify the state’s economy.
The Subiaco Arts Centre will tomorrow launch its own independent festival, with high hopes to continue the strong public support for such arts events which has been evident at the Perth International Arts Festival and Fringe World Festival.
Wesfarmers finance director Terry Bowen has been appointed chair of the West Australian Opera, to succeed four-year veteran Warwick Hemsley, who will remain on the board.
Construction and contracting firm Decmil Group will build the pedestrian bridge for the island at Elizabeth Quay, under a $19.9 million deal announced today, while the state government is also seeking artists to provide artwork across the public space of the $2.6 billion project.
The peak body representing WA’s art sector renews bid for an annual $20 million funding boost.
Twenty years after Wesfarmers bought Bunnings in a contentious takeover, we reflect on the family that started one of Australia's biggest retail successes.
The state government has been urged to consider other measures to boost revenue rather than increasing property stamp duty, which has become a significant contributing factor in the stalling residential market, according to an influential local property player.
The Reserve Bank of Australia has left the cash rate unchanged at 2.25 per cent after cutting it in February.
WESTERN Australian property players have given a mixed response to the federal government’s willingness to debate whether first home buyers should be allowed to use their superannuation to buy a house.
Perth will need to build an extra 800,000 homes over the next 35 years to accommodate population growth, a new report has concluded, and nearly half of these homes will need to be in existing suburbs.
The Reserve Bank of Australia has cut the official cash rate by 25 basis points to 2 per cent, saying the outlook for inflation helped shape its decision to reduce rates to a new historic low.
Helen Cook has been named as the new chair of the Chamber of Arts and Culture WA.
The Reserve Bank of Australia has resisted temptation to slash interest rates to another historic low, but has flagged the possibility of cuts in the near future.The official cash rate remains at 2 per cent, despite the big four major banks hiking their interest rates in recent months.
Property developer and arts philanthropist Adrian Fini was named on Friday evening as 2016 Western Australian of the Year.
New data out today confirms Perth’s residential property market has yet to show signs of a turnaround, but one industry figure says the sector is close to the bottom of the cycle.
Changes at Clifford Chance
Some in the state’s property sector are confident it has turned the corner, and are expecting further signs of improvement across 2018.
Property consultant Warwick Hemsley has replaced Adrian Fini as the Art Gallery of WA Foundation chair after four years at the helm.
SPECIAL REPORT: Western Australia’s 10 largest philanthropic foundations distributed $65 million last year, but like many charities, some of these organisations are increasingly targeting individual supporters to offset rising fundraising costs.
Despite his non-linear career pathway, Brendan Gore’s resources sector roles have provided invaluable experience for his leadership at Peet.
Former Artrage chief executive Marcus Canning and Fortescue deputy chief executive Julie Shuttleworth were among the Western Australians recognised by the 2021 Queen’s Birthday Honours.
WA has some very prominent philanthropists, detailed in our updated list of foundations, and there is a push to expand giving across the wider community.
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